Understanding Oil,Gas & LNG Fiscal Metering, Custody Transfer and Sales
 
Upstream To Downsteam

Programme Highlights

-Selecting best available metering principles for quantity and quality measurements

- Estimating uncertainty 

-Applying standards

-Selecting hydrocarbon allocation methods 

-Setting up an audit-trail

-Understanding traceability 

 -Recognizing the pitfalls and shortcomings in metering installations

 

 

You will be able to:

-Practical experiments are utilized to create awareness and to recognize related fiscal implications. 

-Employing daily classroom exercises to create a better understanding of industry best practises. 

-Be able to differentiate between the main fiscal regimes and associated cash-flows 

-Interactive discussions and explanations of fundamental theory metering equipment and process behaviour will be addressed

-Realistic case exercises where participants discover themselves by simulating real live situations and solve essential custody transfer problems.


Languages:

English

 

Skills

Discipline:Instrumentation, Controls & Electrical

Level: Intermediate 

Duration: 5 Days 

Date:  On request 

Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)

 

Who Should Attend?

  • Mechanical Engineers
  • Process Engineers
  • Chemical Engineers
  • Instrumentation Engineers/ Metering Engineers
  • Production Engineers
  • Reservoir Engineers
  • Valve Technicians
  • Measurement Superintendents
  • Custody Technicians
  • Design Engineers
  • Hydrocarbon Accountants
  • Regulators (Government Agencies)
  • Metering System Suppliers

Methodology: 

Mixture of lectures, workshops and discussion

Upstream Integrated Asset optimization

 

Machine Learning, Decision Automation,AI & Data Science For non-data scientists

Programme Highlights

-A Best Practice Approach of Decision Automation

-Identify real opportunities exist to focus your attention and investment on bigger opportunities first 

-Optimize Production Performance & Efficiency

-Predict Equipment Failure

-Embrace How To Collect, Use & Profit From Data

-Cost-Effective Machine Learning Technologies

 -Optimize Internal Workflows


 

You will be able to:

- Get an overview on how Artificial Intelligence can help in making faster, better, and cheaper data-driven decisions

-Understand how Artificial Intelligence can increase profitability by increasing production, streamlining the supply chain, or reducing engineering time.

-Learn how to align business strategy and Artificial Intelligence

- Determine what the challenges are in implementing Artificial Intelligence

- Get a clear overview of the way forward on how to implement Artificial Intelligence in the oil and gas upstream  business


Languages:

English

 

Skills

Discipline: Management and Information 

Level: Intermediate 

Duration: 3 Days 

Date:  On request 

Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)

 

Who Should Attend?

· Engineers

· Scientists

· E&P senior technology manager

· CIO

· CTO

· C- Level and Board Memners

· Senior Managers


Methodology: 

Mixture of lectures, workshops and discussion

Best Practice approach of Petroleum Fiscal Systems & Aggregate Petroleum Modeling
 

Tracking petroleum revenue flows from well-head to budget

Programme Highlights

-A Best Practice Approach of a proven modeling software

- Review fiscal systems and top tax issues for selected countries 

-Practical model-building sessions

-The nature and details of all the important fiscal features around the world 

-The wide variety of fiscal systems based on concessions, production sharing contracts, joint ventures, service contracts and other arrangements in the value chain 

-The underlying economic characteristics of various fiscal systems 

 -How government policies impact on fiscal systems 

-Competitive worldwide frameworks for investing in the oil and gas sector 

 

You will be able to:

Refresh the concepts of conventional cash-flows. 

-Be able to calculate various profitability indicators 

-Be able to differentiate between the main fiscal regimes and associated cash-flows 

-Understand the effect of various factors on the contractor’s profitability

-Understand the legal relationship between host governments and companies 

 -Appreciate the importance of fiscal termsnd host government’s take


Languages:

English

 

Skills

Discipline: Economics and Finance 

Level: Intermediate 

Duration: 5 Days 

Date:  On request 

Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)

 

Who Should Attend?

  • Project Managers 
  • Operating managers 
  • Field personnel 
  • Project planners 
  • Estimators 
  • Technology managers 
  • Cost control personnel 
  • Budget analysts 
  • Financial analysts 
  • Department managers 
  • Anyone who are dealing with budgets, planning and performance analysis

Methodology: 

Mixture of lectures, workshops and discussion

Demand and Supply of Lng, Trading, Pricing,Project Risk and Successful Contracts Negotiations in Asia

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Commercial Development,Economics, Pricing, Transportation,Project Management and Risk

 

Programme Highlights

- Consumerism and world LNG market 

- Commercial structures for liquefaction & regasification

- LNG sales and purchase agreements

- Gas and LNG storage, transportation & bunkering

-Mitigate key risk management issues within the industry

- Real life country case studies  

- issues involved with financing a LNG project with a practical focus on how to overcome them

 

You will be able to:

 

- Understand the latest state of global LNG consumption and supply

- Quantify emerging commercial patterns in Asia-Pac

- Sort through liquefaction and regasification

- Discover the intricate process of transportation and storage of LNG fuel 

- Recognise trading, pricing, and transaction agreements and value chain contracts

- Commercial and business development 

- Fundamentals of LNG pricing and negotiations 

- Transportation, storage and bunkering 

- LNG industry forecasting and country analysis

Languages:

English

 

Skills

Discipline: Business and Commercial 

Level: Intermediate 

Duration: 4 Days 

Date:  On request

Venue: MY/SG (Can take place at a time or place of your convenience)

Price: On request

 

Who Should Attend?

    - Field Development Engineers 
    - Production Engineers  
    - LNG Commercial Managers 
    - Pricing Managers and Energy Economists 
    - Project Coordinators / Managers / Engineers implementing LNG-related Projects  
    - Public Sector officials (regulators and ministry)   
    - Health & Safety Managers  Research Scientists 
 

Methodology:

Mixture of lectures, workshops and discussion

 
Cutting Edge Leadership In the Global Energy Industry

Next Generation People Transformation & Effective Team Management

Programme Highlights

- Ways to communicate and influence effectively within your team

- Proven strategies to enhance your staff’s personal performance and job satisfaction

-The kind of team you are all part of, how you fit in and your own unique contributions

- Your own and other’s personality preferences

- Ways to be more emotionally intelligent, innovative and outcome-oriented

- Using feedback and technology to enable continuous individual and team learning


 

You will be able to:

-  Understand the fve leadership approaches that are required in today’s organisations

-  Strategies to enhance your staff’s personal performance and job satisfaction

-Understand how personality preferences impact others

- Develop interpersonal, Emotional Intelligence (EI) and political skills

- Appreciate when assuming the leadership role in team tasks (even though they are not the formal team leader)

-Welcome feedback and embrace continuous learning

- Optimize performance, trust and collaboration within the team

Languages:

English

 

Skills

Discipline: Business Commercial & Leadership 

Level: Intermediate 

Duration: 5 Days 

Date:  On request

Venue: MY/SG (Can take place at a time or place of your convenience)

Price: On request

 

Who Should Attend?

- Managers - Senior Managers  - Project Coordinators /  Engineers implementing  Projects  - Public Sector officials (regulators and ministry)   - Health & Safety Managers Supervisors 

 

Methodology:

Mixture of lectures, workshops and discussion

Operational Audit in the Oil & Gas Industry 
 

Assurance,Governance, Risk, Compliance , Petroleum Fiscal Systems & Tax

 

Programme Highlights

-Basic principles of oil and gas accounting

-Operational auditing as a vital management tool

- FINANCIAL Ratios

- CORPORATE GOVERNANCE & INTERNAL CONTROLS

- Government Oil Tax Issues

- Joint Venture Audits -A best practice programme for managing the  oil client

- Mergers and acquisitions - benefits and problems

 

   
 

Core Modules & Outcomes

  • Audit the main risk areas in oil and gas companies 
  • Understand the impact of fraud in companies 
  • Develop controls and tests for the detection and prevention of fraud 
  • Plan, conduct and conclude an external audit in the most appropriate and efficient way 
  • Gain valuable insights into audit related issues in all areas of the audit file for oil and gas companies.
  • Understand the requirements of International Standards on Auditing; particularly how they impact on the audit of oil and gas companies 
  • Set up an effective internal audit function in such companies 
  • Appreciate other areas of audit and assurance outside of the ‘financial’ audit focus 
  • Be aware of the Economic and Governance drivers and policies in an oil and gas company 
  • Improve technical and 'soft skills' such as communication skills, and manage conflict working as part of a team. 
  • Acquire an holistic understanding of how an oil company functions and how important audit and insurance can be
  • Company cash flow and reporting
  • Construction projects  and related  contractual issues
  • Best practice by Oil operators in coping with the range of JV auditors
  • Building up the flow of accounting and tax information to allow maximize tax claims
 

You will be able to:

- Understand the roles of the external and internal auditors and the confidence they give to investors in oil and gas companies. 

 - Understand how oil and gas companies work, and the associated risks connected with them. 

 - Understand the importance of communication with the client, the audit team and possibly with regulators in a whistle-blowing situation. 

 - Understand how fraud can impact on an audit and the auditors’ responsibilities in this respect. 

 - Understand thoroughly the field work required in all areas of the audit file and typical problems and issues 

- Understand the audit completion process. 

- Understand how the audit opinion is derived and communicated along with weaknesses found during the audit process 

Languages:

English

 

Skills

Discipline: Finance, Compliance, PSC  

Level: Intermediate  - Senior Management

Duration: 4 to 5 days depending upon the modules selected

Date: On request 

Venue: Can take place at a time or place of your convenience

Price: On request

 

Who Should Attend?

  • Internal/External Audit 
  • Internal Control 
  • Finance/Financial 
  • Control 
  • AccountingCorporate Governance and Compliance 
  • Fraud/Crime 
  • Risk Management 
  • Governmental Regulators 
  • Operational Audit 
  • Legal

Methodology: 

Mixture of lectures, discussion and debate

BEST PRACTICES OF PERFORMANCE MANAGEMENT IN PETROLEUM ACCOUNTING  A  BENCH - MARKING ANALYSIS
 
 

Programme Highlights

- Develop understanding of the accounting standards, policies and practices used by companies in the Oil & Gas E & P  industry 

- Examine issues and guidelines in accounting for Joint Ventures 

- Improve relevance and reliability of financial reports to better meet the needs of users 

- Identify and know how to apply international and national accounting standards most relevant to the E&P industry 

- Review and use publicly available information for bench-marking the business performance of companies in the E&P industry

   
 

You will be able to:

- Understand budgeting concepts 

- Learn budgeting classifications 

- Know the difference between estimation and budgeting 

- Determine the required inputs for budgeting 

- Understand the process of budgeting 

- Prepare Outputs of budgeting process 

- Be able to forecastKnow how to analysis risks and its impacts 

- Controlling, Monitoring and managing the budget 

- Define and calculate Key Performance Indicators (KPI) 

- Design budget management control system that work 

- Understand the principles of zero-based budgeting and its development and implementation

- Determine the relevant information for decision making 

- Use sensitivity analysis of budgets and their behavior 

- Determine root causes of budget variances using the proper tools and techniques 

- Develop tools to use for managing costs 

- The key tools for budget presentation for greater effectiveness 

- Improve your own performance management awareness

Languages:

English

 

Skills

Discipline: Economics and Finance 

Level: Intermediate 

Duration: 1 to 4 days depending upon the modules selected

Date:  On request

Venue: Can take place at a time or place of your convenience

 Price: On request

 

Who Should Attend?

  • Project Managers 
  • Operating managers 
  • Field personnel 
  • Project planners 
  • Estimators 
  • Technology managers 
  • Cost control personnel 
  • Budget analysts 
  • Financial analysts 
  • Department managers 
  • Anyone who are dealing with budgets, planning and performance analysis

Methodology:

 Mixture of lectures, workshops and discussion

 

Talent Management in Oil & Gas Industry  

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Identifying New Approach to Talent Crisis & Strategic Planning

 
 

Programme Highlights

-  Processes of Talent Management & HR Transformation

-  FRAUD, IMPAIRMENT & PROVISIONS

 - Sourcing Tools and Talent Acquisition Strategy 

-  Understanding the Integrated Talent Management Model 

- Accelerated Development Programme in Growing Talent 

- Case Studies in Strategic Talent Planning as a Business Critical

Process

 -  Technical Talent Management

 

   
 

You will be able to:

- Global Recruitment Trends 

 - Challenges of an ageing workforce

- Gender gap and creating diversity in the workforce

 - Source Tools and Talent Acquisition strategy 

- Recognize the impact of failed talent management on organisations

 - Identify and maximize strategic talent through principles of talent acquisition and retention

 - Understand Strategic Resourcing and alignment of HR practices with company’s value creation intent

 - Understand the alignment of business practices with applying recruitment techniques 

- Identify, engage and manage local and foreign talent

 - Create an effective development framework for talent management and succession planning

 - Design manpower plan to meet strategic needs of the organisation and reduce business risk 

- Develop strategies aimed at building adequate supply of required talent

 - Case studies in strategic talent planning as a business critical process 

- Building a Competitive Workforce in the New World Economy Beyond 2019

Languages:

English

 

Skills

Discipline: Human Resource Planning and Finance 

Level: Intermediate 

Duration: 1 to 4 days depending upon the modules selected

Date:  On request 

Venue:  Can take place at a time or place of your convenience

 Price: On request

 

Who Should Attend?

    • Organisational Managers 
    • Training & Development Heads of Departments 
    • Talent Acquisition and Recruitment Staff 
    • Employee Relations• Compensation & Benefits
    • HR Performance and senior business leaders 
    • Recruitment researchers and executive search consultants

Methodology:

Mixture of lectures, workshops and discussion

Change Management in The Oil & Gas Industry

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Accelerating Success Through Strategic Talent Planning

 
 

Programme Highlights

- Business objectives are achieved

- Return on Investment (ROI) and value drivers are captured

- Transition costs are managed

- False starts are minimized 

- Organisations are aligned around a common goal

   
 

You will be able to:

 

- Understand the fundamentals of managing change

 - Assess limitations and capital cost controls

 - Recognise the behavior and traits of a change leader

 - Establish an evolving Leadership Development Framework

 - Identify the steps of a change process

 - Identify the obstacles to change

 - Manage change by building a competitive workforce

 - Understand leadership characteristics and global recruitment trends

 - Recognise the impact of failed change management on organisationsIdentify and maximise strategic talent through principles of talent acquisition and retention

 - Understand the elements of strategic resourcing and alignment of HR practices with the company’s value creation intent

 - Create an effective development framework for talent management and succession planning 

- Design manpower plan to meet strategic needs of the organisation and reduce business risk 

- Case studies in strategic talent planning as a business critical process

 

Languages:

English

 

Skills

Discipline: Business and Human Resource

Level: Intermediate 

Duration: 4 Days 

Date:  On request

Venue: MY/SG

 

Who Should Attend?

    - Organisational Managers
    - Talent acquisition and recruitment
    - Training & Development
    - Employee Relations
    - HR Performance and senior business leaders
    - Recruitment researchers and executive search consultants
    - Regional or local country managers who want to better engage and foster commitment and loyalty within their organisation
     

    Methodology:

    Mixture of lectures, workshops and discussion

    Understanding the Global Oil & Gas  Value Chain

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     Market  forecasts, E&P Trends and Techniques( A Non Technical Approach)

     
     

    Programme Highlights

    -Health and Safety & Global Overview 

    - Defining Field Life CycleGeological and GeophysicalCommercial

    -Structures & Capital Governance 

    -Risk & OpportunitiesDevelopment & Production

    -Petroleum Contract TypesBudgeting and CostingAccounting and Evaluations

       
     

    You will be able to:

     

    - Increase your understanding of the legal and commercial structures supporting upstream and downstream

     - Appreciate the significance, and therefore the relevance and reliability, of the information prepared by a company for use in financial reports, economic analyses and decision making

     - Be aware of the key US GAAP and International Financial Reporting Standards (IFRS) adopted in financial reporting by E&P companies;

     - Know why some a significant number of E&P projects fail to meet their objectives

     - Have an appreciation of the current activity and likely future activity in the exploitation of oil and gas resources around the globe.

     - Recognise and use the industry jargon when discussing corporate, physical and technical matters/ issues

     - Have developed confidence in your ability to analyse and interpret the information disclosed in the financial statements of an E&P company, its co-venturers and its competitors

     - Realise the key importance of ‘front-end-loading’ in a project’s development, understand the principles of stage-gate management

     - Be familiar with the ‘how and when’ of impairment decisions and asset restoration obligations and the effect they have upon oil and gas company’s balance sheets

     - Understand how energy is generated from hydrocarbons, which many in the industry, do not know;

     -Be cognisant of the hugely important link between Proved/Probable Reserves and Balance Sheet Assets


     

    Languages:

    English

     

    Skills

    Discipline: Business and Economics

    Level: Basic - Intermediate 

    Duration: 3 Days 

    Date: On request 

    Venue: MY/SG(If you have more than 10 persons, it is also possible to provide the course at a location convenient to you. Please ask for more details.)

     

    Who Should Attend?

      -Oil and Gas DirectorsManagersSupervisors
      - Technical Specialists 
      -AccountantsLawyers 
      -Treasurers
      -Engineers 
      -Auditors
      -Industry Service  Suppliers
      -Banking  Professionals
      -Insurance  Professionals
      -Ministerial employees
       

    Methodology:

    Mixture of lectures, workshops and discussion

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